Settings8H · net · $10k
Funding arb · Price arb /

NBIS

RWAall NBIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0084%/8h= +9.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.008%
Price spread now: tradeXYZ against Nado−0.029%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · tradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 0.029% cheaper against Nado than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NBIS-PERP235.60−0.0023get 0.0003% / 1h0m 27s$64K$100K3x
ShorttradeXYZ xyz:NBIS235.530.0060get 0.0008% / 1h0m 27s$55.2M$19.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$17.54
Price spread: −0.029% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$10.41
Costs to cover
0.250%
Break-even
11.2 days
Slippage unknown: Nado: no order-book sample; tradeXYZ: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell tradeXYZ live order book, 9 min ago0.64 bp9.8 bp −$1013.6 bp −$136doesn't fitdoesn't fit
Nado: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado NBIS-PERPlong−0.0023%1h235.60long leg$64K$100K3x
Bybit NBISUSDT0.0000%8h235.67+0.030%$5.1M$6.2M50xas long as short
OKX NBIS-USDT-SWAP0.0000%8h235.59−0.004%$3.4M$16.2M25xas long as short
Gate NBIS_USDT0.0000%8h235.62+0.009%$2.8M$5.1M50xas long as short
Bitget NBISUSDT0.0000%8h235.61+0.004%$2.4M$4.4M20xas long as short
GRVT NBIS_USDT_Perp0.0000%8h235.42−0.078%$5K$120K10xas long as short
SunX NBIS-USDT0.0000%8h235.51−0.038%$1K$1.7M10xas long as short
Deribit NBIS_USDC-PERPETUAL0.0000%1h235.41−0.080%$35K$48K10xas long as short
HTX NBIS-USDT0.0000%8h235.50−0.042%$15K$60K20xas long as short
Phemex NBISUSDT0.0000%8h235.55−0.021%$1.6M$960K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NBIS-USD+0.0023%1h235.58−0.008%$1.5M$4.2M10xas long as short
Arcus NBIS-USD+0.0040%1h235.32−0.119%$43K$132K5xas long as short
Vest NBIS-USD-PERP+0.0046%1h235.91+0.132%$215K5xas long as short
Polymarket Perps NBIS-USD+0.0050%1h235.53−0.029%$150K$453K10xas long as short
SoDEX NBIS-USD+0.0050%1h235.51−0.038%$42$20K10xas long as short
Ondo Perps NBIS-USD.P+0.0050%1h235.37−0.097%$164K$500K10xas long as short
tradeXYZ xyz:NBISshort+0.0060%1h235.53−0.029%$55.2M$19.6M10x
Variational Omni NBIS+0.0066%8h235.50−0.042%$2.9M$566Kas long as short
BloFin NBIS-USDT+0.0098%8h235.56−0.017%$207K$205K20xas long as short
KuCoin NBISUSDTM+0.0100%8h235.44−0.068%$485K$21K20xas long as short
Orderly PERP_NBIS_USDC_mythos+0.0100%8h235.62+0.009%$2K$3K10xas long as short
Aevo NBIS-PERP+0.0104%1h235.62+0.007%10xas long as short
Coinbase International NBIS-PERP-INTX+0.0104%1h235.35−0.106%$389K$725K10xas long as short
Aster NBISUSDT+0.0107%8h235.64+0.016%$81K$307K50xas long as short
Binance NBISUSDT+0.0112%8h235.67+0.030%$19.3M$84.4M25xas long as short
Extended NBIS-USD+0.0112%1h235.60+0.001%$147K$706K10xas long as short
Kraken Futures PF_NBISUSD+0.0151%1h235.33−0.113%$24K$15K20xas long as short
Lighter NBIS+0.0256%1h235.68+0.034%$902K$4.3M10xas long as short
Phoenix NBIS+0.0308%1h235.30−0.127%$7K$150K10xas long as short
Entropy io:NBIS+0.0514%1h235.52−0.034%$10.2M$3.3M10xas long as short
edgeX NBISUSDC+0.0535%4h235.54−0.023%$38K$227K10xas long as short